πŸ“Š Indian and Global Economic Development
Q. A _______________ focuses on eliminating internal tariffs with member countries levying a common external tariff on goods being imported from nonmembers. Additionally, this type of regional economic integration allows free mobility of production factors such as labor and capital.
  • (A) free trade area
  • (B) common market
  • (C) customs union
  • (D) complete economic integration
πŸ’¬ Discuss
βœ… Correct Answer: (B) common market

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